(2) The condition prescribed by this section shall be effective for the period ending on the day the final payment on account of the development incentive is made or the 31st day of December, 1984, whichever is later.

122. Underlines the fact that the tight 2014-2020 ceilings in payments remain a crucial problem for the EU budget, having negative effects on economic recovery given that late payments are harmful primarily to direct beneficiaries; recalls the need to ensure, in the light of implementation, the timely, and orderly progression of payments so as to concomitantly deliver on both the payments stemming from past commitments and those resulting from prefinancing to promptly launch the new programmes, and to avoid any abnormal shift of outs ...[+++]tanding commitments (RALs) onto the 2015 budget; urges, in this connection, the Council to adopt in full draft amending budget Nos 3/2014, as submitted by the Commission, in order for the EU budget to have maximum impact in terms of investment on the ground; points out that if draft amending budgets Nos 2, 3 and 4 are adopted unamended, this would result in an overall budgetary impact of just EUR 106 million in additional gross national income (GNI) contributions, which have to be made available by the Member States in order to ensure a sufficient level of payment appropriations in 2014 to cover the Union’s existing legal obligations; highlights its determination to continue monitoring the overall situation as regards payments and RALs and to make full use of all means of flexibility enshrined in the MFF regulation and the related interinstitutional agreement; underlines the fact that the question of the recurrent EU budget payment crisis will have to be addressed in a sustainable manner at the occasion of the post-electoral revision of the MFF 2014-2020, due to be launched as soon as possible by the next Commission, which is to assume office on 1 November 2014;

6. Underlines the fact that the tight 2014-2020 ceilings in payments remain a crucial problem for the EU budget, having negative effects on economic recovery given that late payments are harmful primarily to direct beneficiaries; recalls the need to ensure, in the light of implementation, the timely, and orderly progression of payments so as to concomitantly deliver on both the payments stemming from past commitments and those resulting from prefinancing to promptly launch the new programmes, and to avoid any abnormal shift of outsta ...[+++]nding commitments (RALs) onto the 2015 budget; urges, in this connection, the Council to adopt in full draft amending budget Nos 3/2014, as submitted by the Commission, in order for the EU budget to have maximum impact in terms of investment on the ground; points out that if draft amending budgets Nos 2, 3 and 4 are adopted unamended, this would result in an overall budgetary impact of just EUR 106 million in additional gross national income (GNI) contributions, which have to be made available by the Member States in order to ensure a sufficient level of payment appropriations in 2014 to cover the Union’s existing legal obligations; highlights its determination to continue monitoring the overall situation as regards payments and RALs and to make full use of all means of flexibility enshrined in the MFF regulation and the related interinstitutional agreement; underlines the fact that the question of the recurrent EU budget payment crisis will have to be addressed in a sustainable manner at the occasion of the post-electoral revision of the MFF 2014-2020, due to be launched as soon as possible by the next Commission, which is to assume office on 1 November 2014;

In accordance with the limitation of the completion of the payment to the receipt of the payment by the institution receiving it, as proposed in Article 60, the provisions on crediting ought, in the interests of consistency, to apply to the crediting or payment of all amounts received to the payee.

33. Expresses concern about the fact that the payment appropriations for the Structural Funds for the current 15 Member States have been reduced by EUR 4.2 billion, or 13.9%, compared to the 2003 budget; stresses that their volume should be assessed on the basis of not just the Member States' forecasts, but also the level of outstanding commitments and payments for the current financial year, and that the closure of programmes from the previous period (1994-1999) does not in any way justify any cuts in appropriations; notes that the payment appropriations for the Structural Funds and the Cohesion Fund for the new Member States amount t ...[+++]o EUR 1.8 billion compared to commitment appropriations of EUR 6.7 billion;

32. Expresses concern at the fact that the payment appropriations for the Structural Funds for the current 15 Member States have been reduced by € 4.2 billion, or 13.9%, compared to the 2003 budget; stresses that their volume should be assessed on the basis of not just the Member States' forecasts, but also the level of outstanding commitments and payments for the current financial year, and that the closure of programmes from the previous period (1994-1999) does not in any way justify any cuts in appropriations; notes that the payment appropriations for the Structural Funds and the Cohesion Fund for the new Member States amount to € 1 ...[+++].8 billion compared to commitment appropriations of € 6.7 billion;